Panama City vs Saint Petersburg - Cost of Living Comparison

Updated: October 14, 2025

	Panama City	Saint Petersburg
🚶 Cost of living one person	$1560	$971
👨‍👩‍👧‍👦 Cost of living Family	$3547	$2348
🏠 One person rent	$943	$502
🏘️ Family rent	$1558	$876
🍽️ Food expenses	$429	$258
🚐 Transport expenses	$78.4	$127
💳 Monthly salary after tax	$982	$1116
😷 Air quality	Excellent	Excellent
✈️ Airport proximity	7 km	17 km
🎓 Higher education	43	82
😀 Quality of life	71	71
🏙️ Population	410K	5.65M

The cost of living in Panama City is 61% more expensive than in Saint Petersburg. Cities ranked 3737th and 5813th ($1560 vs $971) in the list of the most expensive cities in the world and ranked 1st and 4th in Panama and Russia, respectively. Check Panama vs Russia comparison.

The average after-tax salary is enough to cover living expenses for 0.6 months in Panama City compared to 1.1 months in Saint Petersburg. Panama City ranked 1st best city to live in Panama vs Saint Petersburg ranked 2nd in Russia, while ranked 3765th and 3397th among best cities to live in the world.

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the estimated difference in money purchasing power

Cost of living in Panama City vs Saint Petersburg infographic

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<img src="https://livingcost.org/assets/photo/cost/panama-city/saint-petersburg.jpg" alt="Cost of living in Panama City vs Saint Petersburg infographic" style="max-width: 100%; height: auto;"><p>Source: <a href="https://livingcost.org/cost/panama-city/saint-petersburg" target="_blank">Panama City vs Saint Petersburg - Cost of Living Comparison</a></p>

Prices in Panama City vs Saint Petersburg

Prices for goods and services in Panama City and Saint Petersburg are partly crowdsourced by our visitors, just like yourself. Please consider telling us about your city.

	Panama City	Saint Petersburg
Eating Out
🍱 Lunch Menu	$10.6	$7.62
🥂 Dinner in a Restaurant, for 2	$45.7	$34.2
🥪 Fast food meal, equiv. McDonald's	$8.08	$5.3
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$2.93	$2.77
☕ Cappuccino	$4.03	$2.26
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$1.69	$1.02
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$1015	$654
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$759	$370
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$1675	$1172
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$1306	$665
🔌 Utility Bill one person, electricity, heating, water, etc.	$86.4	$68
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$133	$103
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$45.5	$7.03
🏦 Mortgage Interest Rate for 20 Years	6.41%	24.54%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$2662	$3928
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$1618	$2610
Transportation
🚌 Local transport ticket	$0.35	$0.91
🎟️ Monthly ticket local transport	$23.2	$38.4
🚕 Taxi Ride, 8 km or 5 mi	$20.5	$9.04
⛽ Gas / Petrol, 1 L or 0.26 gal	$0.97	$0.72
Groceries
🥛 Milk, 1 L or 1 qt	$1.79	$1.07
🍞 Bread, 0.5 kg or 1.1 lb	$2.25	$0.7
🍚 Rice, 1 kg or 2.2 lb	$2.11	$1.14
🥚 Eggs, x12	$3.17	$1.62
🧀 Cheese, 1 kg or 2.2 lb	$11.7	$9.78
🐔 Chicken Breast, 1 kg or 2.2 lb	$6.81	$4.39
🥩 Round Steak, 1 kg or 2.2 lb	$9.86	$10.4
🍏 Apples, 1 kg or 2.2 lb	$3.27	$1.63
🍌 Banana, 1 kg or 2.2 lb	$1.52	$1.75
🍊 Oranges, 1 kg or 2.2 lb	$3.27	$1.83
🍅 Tomato, 1 kg or 2.2 lb	$3.05	$2.78
🥔 Potato, 1 kg or 2.2 lb	$2.34	$0.8
🧅 Onion, 1 kg or 2.2 lb	$3.26	$0.64
🌊 Water, 1 L or 1 qt	$1.05	$0.48
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.44	$1.3
🍾 Wine (mid-priced), 750 mL bottle	$11.2	$8.16
🍺 Beer, 0.5 L or 16 fl oz	$1.38	$0.95
🚬 Cigarette pack	$5.92	$2.52
💊 Cold medicince, 1 week	$8.17	$1.46
🧴 Hair Shampoo	$8.06	$1.09
🧻 Toilet paper, 4 rolls	$2.98	$1.04
👄 Toothpaste, 1 tube	$3.05	$1.06
Other
🏋️ Gym Membership, 1 month	$42.6	$32.7
🎫 Cinema Ticket, 1 person	$7.32	$5.1
👩‍⚕️ Doctor's visit	$58.4	$14
💇 Haircut, simple	$14.3	$3.52
👖 Brand Jeans	$54	$86.3
👟 Brand Sneakers	$91.3	$105
👶 Daycare or Preschool, 1 month	$477	$402
🏫 International Primary School, 1 year	$15637	$10534

Cost of living in other countries

Cost of living

Cost of Living in the nearest cities

Cities near Panama City

Distance	City	Cost of living
8.1 km or 5 mi	Balboa	$1400
16 km or 9.9 mi	Tocumen	$1377
26 km or 16 mi	Pacora	$1371
34 km or 21 mi	La Chorrera	$981
59 km or 37 mi	Colon	$1188
108 km or 67 mi	Penonome	$1150
154 km or 96 mi	Chitre	$1150
190 km or 118 mi	Santiago de Veraguas	$1122
321 km or 199 mi	Turbo	$721
329 km or 204 mi	David	$925
398 km or 247 mi	Monteria	$663
403 km or 250 mi	Limon	$1288
406 km or 252 mi	Santa Cruz de Lorica	$715
452 km or 281 mi	Sincelejo	$547
463 km or 288 mi	Cartagena	$1105
483 km or 300 mi	Quibdo	$708
494 km or 307 mi	Cartago	$1241
513 km or 319 mi	San Jose	$1398
518 km or 322 mi	Heredia	$1335
521 km or 324 mi	Magangue	$667
526 km or 327 mi	Bello	$881
529 km or 329 mi	Alajuela	$1303
530 km or 329 mi	Medellin	$1030
534 km or 332 mi	Envigado	$950
558 km or 347 mi	Soledad	$883
559 km or 348 mi	Barranquilla	$843
595 km or 370 mi	Puntarenas	$821
617 km or 383 mi	Cartago	$679
617 km or 383 mi	Cienaga	$831
623 km or 387 mi	Manizales	$678
627 km or 390 mi	Santa Teresa	$1236
627 km or 390 mi	Pereira	$730
631 km or 392 mi	Santa Marta	$929
632 km or 393 mi	Buenaventura	$782
636 km or 395 mi	Minca	$847
651 km or 404 mi	Salento	$655
652 km or 405 mi	Armenia	$667
657 km or 408 mi	Tulua	$511
658 km or 409 mi	Barrancabermeja	$1082
675 km or 419 mi	Liberia	$953

Cities near Saint Petersburg

Distance	City	Cost of living
135 km or 84 mi	Narva	$1083
156 km or 97 mi	Sillamae	$1064
162 km or 101 mi	Imatra	$1477
168 km or 104 mi	Veliky Novgorod	$734
170 km or 105 mi	Lappeenranta	$1454
181 km or 112 mi	Kohtla-Jarve	$1089
185 km or 115 mi	Hamina	$1516
195 km or 121 mi	Kotka	$1516
223 km or 139 mi	Kouvola	$1561
227 km or 141 mi	Savonlinna	$1265
232 km or 144 mi	Rakvere	$999
254 km or 158 mi	Mikkeli	$1386
262 km or 163 mi	Porvoo	$1561
263 km or 164 mi	Pskov	$680
269 km or 167 mi	Tartu	$1174
280 km or 174 mi	Lahti	$1618
293 km or 182 mi	Kerava	$1611
294 km or 183 mi	Varkaus	$1145
294 km or 183 mi	Jarvenpaa	$1783
295 km or 183 mi	Vantaa	$1881
296 km or 184 mi	Joensuu	$1580
297 km or 184 mi	Tuusula	$1655
299 km or 186 mi	Petrozavodsk	$745
300 km or 186 mi	Helsinki	$1947
302 km or 188 mi	Maardu	$1372
310 km or 192 mi	Nurmijarvi	$1642
310 km or 193 mi	Hyvinkaa	$1546
315 km or 196 mi	Espoo	$1937
317 km or 197 mi	Riihimaki	$1394
318 km or 197 mi	Tallinn	$1601
322 km or 200 mi	Viljandi	$1041
328 km or 204 mi	Kirkkonummi	$1737
342 km or 213 mi	Hameenlinna	$1444
348 km or 216 mi	Lohja	$1383
349 km or 217 mi	Jamsa	$1503
354 km or 220 mi	Jyvaskyla	$1500
356 km or 221 mi	Kuopio	$1524
373 km or 232 mi	Valkeakoski	$1570
374 km or 233 mi	Parnu	$1184
383 km or 238 mi	Raseborg	$1566